The FinTech Hub
Source: The Verge Facebook will start deleting users’ live broadcast recordings after 30 days starting on February 19th. Users who go live after that date must download the videos to save them from getting deleted before their 30-day expiration period ends. Alternatively, you could share the recordings to your profile as Reels, although that means…
Source: The Verge Companies have been cutting costs. | Photo by Natt Garun / The Verge Over the last couple years, it feels like we’ve heard news of mass layoffs and hiring freezes from tech companies nearly every week, and since the beginning of 2024, there’s been a new wave of layoffs and firings. In…
Source: The Verge That was CEO Mark Zuckerberg’s message to investors during his company’s fourth-quarter earnings call on Wednesday. During the Q&A portion of the call with Wall Street analysts, Zuckerberg fielded multiple questions about DeepSeek’s impressive AI models and what the implications are for Meta’s AI strategy. He said that what DeepSeek was able…
Source: The Verge When TikTok went off the air (to use a very old-fashioned phrase), there was a scramble to find an alternative to its shortform video feed — and a similar scramble by various social networks to provide that alternative. (In fact, while I was writing this, Tumblr launched its new Tumblr TV feature.)…
Source: Live Mint Meta Platforms Inc. aims to invest $60 billion to $65 billion in capital expenditure in 2025, according to Chief Executive Officer (CEO) Mark Zuckerberg’s post on social media platform Facebook on Friday, January 24. “We’re planning to invest $60-65B in capex this year while also growing our AI teams significantly, and we…
Source: Live Mint When Meta, the parent company of Facebook, announced its latest open-source large language model (LLM) on July 23rd, it claimed that the most powerful version of Llama 3.1 had “state-of-the-art capabilities that rival the best closed-source models” such as GPT-4o and Claude 3.5 Sonnet. Meta’s announcement included a table, showing the scores…
Source: Live Mint Meta AI on WhatsApp, Instagram, Facebook and Messenger is now getting a ChatGPT like voice mode to have real-time conversations with users in the voice of popular figures like Awkwafina, Dame Judi Dench, John Cena, Keegan Michael Key and Kristen Bell. The new feature is backed by Llama 3.2 model and was…
